Investment

Investment , Emissions

Norway Plans $369 Million Green Industry Investments

The Norwegian government proposes spending 3.6 billion Norwegian crowns (US$369 million) on investments to make its economy greener as it gradually emerges from coronavirus lockdowns, the government said on May 29.

May 29, 2020

Restructurings , Investment , Company Profiles

Buddy Clark Executive Q&A: Chapter 2020

Energy banking in a pandemic that has diminished global oil and gas demand by at least 25%? A 38-year energy finance attorney and author of a history of oil and gas finance describes what the space looks like today.

May 29, 2020

Investment , Health, Safety & Environment , Emissions , Technology

Survey: Energy Transition to Remain Priority for Oil Industry Leaders

A recent survey revealed the energy transition will likely be immune to COVID-19 as 92% of oil and gas executives reported already having or developing a strategy to reduce reliance on fossil fuels.

May 28, 2020

Public Capital , Investment , Energy Capital Conference , Unconventional

Energy Commercial Banking: Reserve-Based Loans—with Caveats

A conversation with three commercial bankers reveals that the RBL markets are “open for business,” but none of them are promising it’s going to be easy for oil and gas producers to get fast cash backed by reserves.

May 28, 2020

Investment , International , Health, Safety & Environment , Emissions

Oil CEOs Pen Open Letter Pushing for Climate Change Action

The letter addresses concerns that the COVID-19 crisis may push oil and gas companies and governments around the world to delay action on climate change.

May 26, 2020

Public Capital , Investment , Energy Capital Conference , Shale Plays , Mergers

Sustained Outperformance Needed from Public E&Ps

Before the coronavirus pandemic and the oil price war, public investors had already thrown down the gauntlet to E&Ps. Companies, arguably, were learning to adapt, and they must keep doing so to access public capital in the new environment.

May 22, 2020

Private Equity , People , Investment

Kayne Anderson Reportedly to Consolidate Energy PE Teams, Chuck Yates to Leave

Kayne Anderson will consolidate its two energy private equity teams and one of the managing partners, Chuck Yates, will exit the firm, a source familiar with the matter told Reuters.

May 21, 2020

Investment , Digital Oilfield

Emerson Investing $100 Million to Create New Innovation Center in Colorado

Emerson, a global engineering and technology company, said May 20 it will invest more than $100 million in Boulder to significantly expand its manufacturing space and launch a new innovation center focused on research, new product development and industry training for its advanced flow measurement products.

May 21, 2020

Private Equity , Investment , Shale Plays , Mergers , Gathering & Processing , Pipelines

Midstream Private-Equity Investors Still Show Enthusiasm

Private-equity firms have billions in dry powder; the only question is timing.

May 21, 2020

Investment , Digital Oilfield , Logistics

ThoughtTrace Raises $10 Million to Advance AI-driven Contract Analytics Software

ThoughtTrace Inc., a leading document intelligence and contract analytics software provider, has closed a $10 million financing on May 20 led by McRock Capital, along with Chevron Technology Ventures and existing investor Altira Group.

May 20, 2020